The SMCR creates specific, ongoing obligations for regulated firms. My Compliance Centre gives you the infrastructure to manage them properly.
What It Does
The Senior Managers and Certification Regime places direct accountability on named individuals and ongoing obligations on firms to certify that relevant employees remain fit and proper. Managing the certification programme, maintaining accurate records of roles and responsibilities and evidencing that conduct rules have been communicated and applied – these are continuing requirements that most firms still manage through a combination of spreadsheets, email and manual record-keeping. My Compliance Centre’s SMCR module brings these obligations into one structured system. Senior manager roles and statements of responsibilities are recorded and maintained. The certification programme is managed with automated renewal workflows and a complete audit trail. Firms can evidence the reasonable steps they have taken to ensure that relevant persons are aware of and comply with the Conduct Rules – a specific regulatory requirement that demands documented proof, not an assertion.
Key Capabilities
Senior manager register – roles, responsibilities and statements of responsibilities recorded and maintained
Certification programme management – automated renewal workflows, fitness and propriety assessments and audit trail
Conduct Rules communication – evidence that relevant persons have been informed of and understand their obligations
Reasonable steps documentation – structured record of the steps taken to ensure Conduct Rules compliance across the firm
Responsibilities map support – maintain an accurate and current view of senior manager responsibilities
Complete audit trail – every certification, renewal and conduct rules communication timestamped and recorded
What This Means in Practice
Your SMCR obligations are managed in one place. Certifications are tracked and renewed on time. Evidence that conduct rules have been applied is structured and accessible. When the FCA asks how your firm manages its SMCR responsibilities, the answer is documented and demonstrable.
Frequently Asked Questions
The SMCR applies to FCA and PRA-regulated firms subject to the Senior Managers and Certification Regime, which covers the large majority of regulated firms – from limited-scope through to enhanced firms. The specific obligations vary by firm category, and the module supports the roles, certifications and Conduct Rules requirements that apply across them.
The module manages the certification programme with automated renewal workflows – tracking who needs to be certified, when their certification is due, and the fitness and propriety assessments that support it. Renewals are prompted automatically and the record of each certification is held with a complete audit trail, so the annual process runs on schedule rather than depending on manual tracking.
Evidencing reasonable steps requires documented proof, not an assertion. The module gives you a structured record of the steps your firm has taken – Conduct Rules communications and confirmations, certifications, and the governance and oversight that sit behind them. This means that if a regulator asks how you have ensured Conduct Rules compliance, you can show what was done rather than describe what was intended.
Senior manager roles, responsibilities and statements of responsibilities are recorded and maintained in the module, giving you an accurate and current view of who is responsible for what. This supports your responsibilities map and means changes are captured as they happen rather than reconstructed when a statement needs updating.
The SMCR module sits within the wider platform, so the senior manager and certification records connect with the governance, attestations and employee compliance you already run. For example, Conduct Rules attestations and fit and proper confirmations are managed through the same system, and governance participation is recorded alongside – giving you one connected picture of individual accountability rather than separate records to reconcile.
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